Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
NASDAQ 100 TICKS DOWN (DTN:@TI5D)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @TI5D
The long term trend has been UP since Mar 6th, 2018 at 89
The intermediate term trend has been UP since Mar 6th, 2018 at 89
The short term trend has been DOWN since Apr 20th, 2018 at 15
Smart Scan Analysis for @TI5D
Based on a pre-defined weighted trend formula for chart analysis, @TI5D scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).